M.K. NAHAR
ActiveThe computed 12-month bankruptcy probability of M.K. NAHAR is 2.6% (moderate). The 2025 annual accounts show negative equity (€-7k) and a net result of €955. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 18237 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-10
Solvency12▲+12
Growth37▼-19
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 1.44 in 2024; short-term debt: 65% and cash: 1.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-13.1%
Return on assets
1.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 18237 sector peers (2025).
NBB · sector comparisonPosition among 18237 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
13 d late
2024
13 d late
2023
on the day
2022
91 d late
2021
10 d late
2020
116 d late
2018
92 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€270k▼ 5.1%
2024 · €284k
2018: €204k
2021: €144k
2022: €190k
2023: €256k
2024: €284k
2018 → 2025
EBIT margin
0.6%▼ 0.8pp
2024 · 1.3%
2018: 0.6%
2021: 5.0%
2022: 1.5%
2023: 0.8%
2024: 1.3%
2018 → 2025
Net result
€955▼ 73.0%
2024 · €4k
2018: €1k
2020: €-38k
2021: €7k
2022: €2k
2023: €3k
2024: €4k
2018 → 2025
Working capital
€-10k
2024 · €8k
2018: €6k
2020: €-19k
2021: €-13k
2022: €2k
2023: €4k
2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€144k-€190k▲ 31.6%€256k▲ 35.1%€284k▲ 11.0%€270k▼ 5.1%
Equity€-16k-€-14k▲ 14.3%€-11k▲ 19.1%€-8k▲ 31.6%€-7k▲ 12.5%
Operating result€7k-€3k▼ 60.5%€2k▼ 27.4%€4k▲ 83.1%€2k▼ 60.0%
Net result€7k-€2k▼ 67.7%€3k▲ 14.2%€4k▲ 33.9%€955▼ 73.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€28k▲ 703%
Current assets
€23k▼ 15.1%
Key figures and ratios
EBITDA
€4k▼
2024 · €7k
Cash flow
€3k▼
2024 · €7k
Solvency
-13.1%▲
2024 · -25.0%
Current ratio
0.69▼
2024 · 1.44
Quick ratio
0.03▼
2024 · 0.57
Debt / equity
-8.62▼
2024 · -4.99
ROA
1.9%▼
2024 · 11.6%
Interest coverage
6.33▼
2024 · 66.67
Debt
€58k▲
2024 · €38k
Debt ≤ 1 year
€33k▲
2024 · €19k
Debt > 1 year
€25k▲
2024 · €19k
Staff costs
€19k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€31k€51k▲
Fixed assets21/28€3k€28k▲
Tangible fixed assets22/27€3k€28k▲
Furniture and vehicles24€3k€28k▲
Current assets29/58€27k€23k▼
Stocks and contracts in progress3€16k€22k▲
Stocks30/36€16k€22k▲
Cash at bank and in hand54/58€10k€873▼
Deferred charges and accrued income490/1€607-
Equity and liabilities
Total equity and liabilities10/49€31k€51k▲
Equity10/15€-8k€-7k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-26k€-25k▲
Amounts payable17/49€38k€58k▲
Amounts payable after more than one year17€19k€25k▲
Financial debts170/4€8k€25k▲
Other amounts payable178/9€11k-
Amounts payable within one year42/48€19k€33k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€12k€19k▲
Income statement
Code20242025
Turnover70€284k€270k▼
Goods, raw materials, services and sundry goods60/61€277k€247k▼
Remuneration, social security and pensions62€8k€19k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€17k€26k▲
Operating profit (loss)9901€4k€2k▼
Financial charges65/66B€109€565▲
Recurring financial charges65€109€565▲
Profit (loss) for the period before taxes9903€4k€955▼
Income taxes67/77€149-
Profit (loss) for the period9904€4k€955▼
Profit (loss) for the period to be appropriated9905€4k€955▼
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€-25k▲
Profit (loss) brought forward from the previous period14P€-30k€-26k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
24-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 116 days late
2020
31-12
Financial
Weakest financial yearnet €-38k ▼3172%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 2 establishment units since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Froissartstraat 601040 EtterbeekGround area
2,495 m²
Building footprint
1,402 m²
Volume, LiDAR
26,117 m³
3 parcels, Brussels, Flanders · tallest building 24.6 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
M.K. NAHAR
since 20172.263.305.354
STUDENTS CORNER
since 20182.274.470.054
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0217/00Z000 | Brussels | 2,305 m² | 1 · 1,231 m² | 24.6 m · 7 fl. |
| 24502C0262/00E004 | Flanders | 108 m² | 1 · 108 m² | 15.9 m · 3 fl. |
| 21673D0149/00N012 | Brussels | 81 m² | 1 · 63 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLeuven2.274.470.054
Sint-Lambrechts-Woluwe2.263.305.354
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Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 3,121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-2017
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
74300Other professional, scientific and technical activities
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.